Report describes Dubai real estate as money-laundering haven

DUBAI - War profiteers, terror financiers and drug traffickers sanctioned by the U.S. in recent years have used Dubai s real-estate market as a haven for their assets, a new report released Tuesday alleges.
The report by the Washington-based Center for Advanced Defense Studies, relying on leaked property data from the city-state, offers evidence to support the long-whispered rumors about Dubai s real-estate boom. It identifies some $100 million in suspicious purchases of apartments and villas across the ci